THE COMPANIES ACT 1956
COMPANY LIMITED BY SHARES
MEMORANDUM OF ASSOCIATION
OF
SMART TRADECOM SOLUTION PRIVATE LIMITED
I The Name of the Company is SMART TRADECOM SOLUTION PRIVATE LIMITED
II The Registered office of the company will be situated in the state of Maharashtra
i. e within the jurisdiction of the Registrar of Companies, Maharashtra at
Mumbai
III The object which for which the company is established are:
(A) THE MAIN OBJECT OF THE COMOPNAY TO BE PURSUED BY THE COMPNAY ON ITS
INCORPORATION ARE:
1.
To carry on the business as share and stock brokers, underwriters, sub-underwriters, agents and
brokers for taking hold, dealing in, converting stocks, shares and commodity, units of Unit Trust of
India, units of Mutual Funds, Debentures, Bonds, Government Securities, National Saving, Small
Saving Schemes.
1
(B) The objects incidentals or ancillary to the attainment of the main
objects:
2. To acquire the membership including sub-brokership, dealership, of any Stock Exchanges
including over the counter exchange, National Stock Exchange in India or abroad and for the
purposes to buy, sell, trade, exchange, deal, barter, swap, borrow, land,. assure, underwrite, pledge,
hypothecate, charge, guarantee mortgage, procure or mobilize funds for or arrange placement of or
otherwise engage in India or abroad in trade and investment instruments of all kinds and types,
whether securities or not, including shares, stocks, securities, debentures, bonds, cumulative,
convertible, preference shares, certificates of deposits, commercial papers, participation
certificates, treasury bills, bills of exchange.
3. To give guarantees and in particular to guarantee the payment of any principal moneys, interest or
other moneys secured by or payable under any debentures, bonds, debenture-stock, mortgages,
charges, contracts obligations and securities and the payment of dividends on and the repayment of
the capital of stock and shares.
4. To act as managing and issue brokers, registrar and transfer agents, registrar to the issue and
underwrites for and on behalf of the companies, associations or undertakings, underwriters,
prepare projects and feasibility reports for and on behalf of any companies, associations or
undertakings.
5. To act as investment consultants on behalf of individuals, firms, companies and other persons, in
relation to stock, share, bonds, securities, units, debentures, fixed and other deposits, estates,
properties and other assets.
6. To invest and deal with the moneys of the Company not immediately required, in shares, stocks,
bonds, debentures or other Securities of any company or association or in Government Securities
or in any manner as may from time to time be determined.
7. To take part in the management, to manage and act as consultants and advisers to the business of
other share and stock brokers on fees, commission or such other basis or to enter into partnership,
joint venture agreement for sharing profit with them.
8. To negotiate loans, equity participation, cash credits and other financial facilities from banks,
financial institutions and others in connection with the objects of the Company.
9. To land or deposit moneys belonging to or entrusted to or at the disposal of the Company to such
person or Company and in particular to customers and other having dealings, with or without
securities, upon such terms and conditions as may be thought proper and to invest or otherwise
employ such moneys in such manner as may be thought proper and from time to time vary such
transactions, the Company shall not carry on banking business as defined under the Banking
Regulation Act, 1949.
10. To provide venture capital funds to the individuals, institutions, companies and to promote
Companies to be engaged in commercial, industrial and /or trading business and to take over or
otherwise acquire the management of sick units and run them by induction of finance and proper
managerial skills with a view to diversify the activities of the Company and / or sell them
subsequently.
2
11. To enter into all sorts of internal and/or external foreign collaborations, technical assistance,
financial or commercial arrangements including market survey, study of market conditions in India
or outside India for fulfillment of any object herein contained.
12. To establish or promote or concur in establishing or promoting any Company or Companies
having similar objects for the purpose of acquiring all or any of the property rights and liabilities of
the Company.
13. To open accounts of all nature including overdraft accounts with any Banks or merchants and to
operate the same and to avail all nature & kind of credit facilities.
14. To draw, make, accept, endorse, discount, negotiate, execute and issue bills of exchange,
promissory notes and other negotiable or transferable instruments.
15. To invest and deal with monies of the Company not immediately required.
16. To open branches, sub-offices in India or outside India and to appoint agents and brokers for the
business of the Company.
17. To acquire the whole or any part of the undertaking and assets of any business within the objects
of the Company and lands, privileges, rights, contracts, property or effects held or used in
connection therewith and upon any such purchase, acquire to undertake, the liabilities of such
Company, association, partnership or person.
18. To acquire and secure membership, act or privileges either in the name of the Company or its
nominee or nominees in and of any association, exchanges, market, club board, council, chamber,
other institution in India and abroad for furtherance of business, trade or industry.
19. To accept, gift, bequests and donations from members and others and to make gifts to members
and other moneys, assets and property of any kind.
20. To purchase, hold, take on lease or exchange or mortgage or give on mortgage, hire or otherwise
acquire and hold in any immovable and movable property including land, building, house, flats,
bungalows, shops, offices, godowns, license, any rights, interest and privileges therein and to let
them out on rent in connection with the main objects of the Company.
21. To insure any of the persons, properties, undertakings, contracts, guarantees or obligation or profits
of the company of heavy nature and kind in any manner whatsoever.
22. To refer any dispute, claim or demand by or against the Company to arbitrators and to secure and
perform the awards.
23. To establish and maintain or procure the establishment and maintenance of any contributory, non
contributory pension or super-annuation funds for the benefit of and give or procure the giving of
donations, gratuity, pensions, allowances or any time in the employment .
24. To give on hire or lease or sell or dispose off the undertaking, property and assets of the Company,
or any part thereof in such manner and for such considerations as the Company may think fit and
in particular for shares (fully or partly paid-up), debentures, debenture stocks or securities of any
other Company whether promoted by this Company for the purposes or not and to improve,
manage, develop, exchange, lease, dispose off, turn to account or otherwise deal with all or any
part of the property or rights of the Company.
3
25. To Operate the business of purchase, take on lease or hire or otherwise acquire, any immovable
and movable property, and any rights or privileges of its business and in particulars any land,
building, easements, machinery, plant and stock-in-trade or other rights and interest in immovable
property, to sell, let on lease, mortgage, hypothecate or otherwise dispose of or grant rights over
any immovable property belonging to the Company.
26. To establish agencies or appoint representative and agents in India and abroad for any one or more
of the objects of the Company and to regulate and discontinues the same.
27. To undertake the payment of all rents and the performance of all covenants, conditions and
agreements contained in and reserved by any lease that may be granted or assigned to or be
otherwise acquired by the Company.
C) OTHER OBJECTS
28. To develop, and to turn to account any land or other property acquired by the Company or in
which it is interested, and in particular by laying out and preparing the same for building purposes,
constructing altering, pulling down, decorating, maintaining, fitting up and improving buildings or
other structures and conveniences and by planning, paving, draining, farming, cultivating, letting
on building lease or building agreement and by advancing money to and entering into contract and
arrangement of all kinds with builders, tenants, occupiers, cultivators and others.
29. To establish and carry on at any place in India agricultural activities of every kind, the business of
purchasers, growers, cultivators, manufacturers and refiners of and dealers in all products of
agriculture or husbandry and all vegetable products or other products of the soil whatsoever, fruit-
growers and preservers, in all the branches of such businesses and to purchase, sell, dispose of,
deal in and act as merchants and agents for or in connection with all or any such products.
30. To start hotel restaurant, cafe, tavern, refreshment, room, and boarding and lodging, house keepers,
beer house keepers, licensed vicutallers, wine, beer and spirit merchants, aerated mineral and
artificial water and other drinks, purveyors, caterers for public amusements, dealers in ivory,
novelty and other goods and as general merchants, garage proprietors, of livestock stable keepers,
job matters, farmers, dairymen, importers and brokers of good, alive and dead stock and foreign
produce of all descriptions, hairdressers perfumers, chemists, proprietors of clubs, baths, dressing
rooms, laundries, reading writing and newspaper rooms, libraries grounds and places of
amusements, recreation spots, entertainment and instruction of all kinds, tobacco and cigar
merchants, travel agents, Bank Mukadams, for railways, shipping and airways, and road transport
corporations, companies or bodies and carriers by land water and air barge property and freight
contractors forwarding agents, clearing agents, stevedores, ship chandlers, caterers in railways,
airlines and steamship companies, underwriters and insurers of ships, crafts, goods and other
property, theatrical and opera box office owners, ships proprietors, cinema exhibitors, producers
and distributors and merchants, refrigerating storekeepers, and as proprietors conducting safe
deposit vaults, general agents ice merchants and to carry on the business of running night clubs,
swimming pools, plying launches and boats, bakery and confectionary, and any other business
which can be conveniently carried on in connection therewith.
31. To act as manufacturers and dealers in all types of rubber leather celluloid, bakelite, plastic and all
other chemicals, petro - chemicals, rubber and plastic goods, particularly industrial rollers, sheets
beltings and consumer goods such as tyres, tubes, and other allied products, chappals, shoes, toys,
medical and surgical good, and all other kinds of products.
4
32. To act as merchants, forex traders, commission agents buying and selling agents, brokers, buyers,
sellers, importers, exporters, dealers, collectors, manufacturers or in any other capacity in India or
elsewhere and to import, export, buy, sell, barter, exchange, pledge, mortgage, advance upon or
otherwise trade and deal in goods, produce, articles and merchandise of any kind whatsoever.
IV. The liability of the members is limited
V. A) The Authorised Share Capital of the Company is Rs. 10,00,000/- (Rupees Ten
Lacs Only) divided into 1,00,000 (One Lakh) Equity Shares Rs. 10/-
(Rupee Ten only) each.
B) Minimum Paid up capital of the company is Rs. 100,000 (Rupees One Lacs
Only
5
We the several persons, whose names, addresses, and descriptions are subscribed hereunder are
desirous of being formed into a Company in pursuance of this Memorandum of Association and we
respectively agree to take the number of shares in the Capital of the Company set opposite to our
respective names :
6